Which of the following are the TWO main differences between the structure and function of company boards in Germany and the UK?

• A.In Germany, boards often have a two-tier structure, wheras in the UK they are normally unitary.
• B.In Germany, the board reports on corporate governance issues, whereas in the UK it does not.
• C.In Germany, boards are responsible for both management and governance, whereas in the UK they are responsible only for one or the other.
• D.In Germany, employees are usually represented on the board, whereas in the UK they are not.

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Which of the following are primary sources of Shari'ah law?
(i) The Sunnah
(ii) The Qur'an
(iii) Rules agreed unanimously by the disciples of Mohammad

• A.(i) and (iii) only
• B.(i), (ii) and (iii)
• C.(ii) and (iii) only
• D.(i) only

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Exe Ltd contracted to manufacture and deliver machinery to Wye plc for a price of £100,000. As required by the contract, Wye plc paid a deposit to Exe Ltd of £20,000. In order to fulfil its contract it has been necessary for Exe Ltd to purchase specialist tools and equipment. Before the contract was completed, Exe Ltd's factory was destroyed by fire. Neither Exe Ltd nor Wye plc was in any way responsible for the fire.
Which of the following is INCORRECT?
(i) The contract between Exe Ltd and Wye plc has become frustrated.
(ii) The contract may remain enforceable if the parties have agreed a force majeure clause which specifies the repercussions of a factory fire.
(iii) As the deposit was payable before the contract became unenforceable, Wye plc will lose its deposit of £20,000.

• A.(iii) only
• B.(i) only
• C.(ii) only
• D.(ii) and (iii) only

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How can values become part of a company's DNA? Choose TWO of the following options.

• A.Through leadership and example from the top
• B.Through corporate scandals
• C.Guidance and training for all staff
• D.Through proxy indicators

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In relation to offers, which of the following statements is correct?

• A.An item displayed in a shop window with a price tag is an offer to sell
• B.Statements made in early negotiations cannot amount to offers.
• C.An offer to sell goods can be made to the whole world
• D.Goods displayed on a supermarket shelf are deemed to be offers to sell

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